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Ilan MT4

5

The original Ilan EA for MetaTrader 4

This is the original Ilan EA for the MetaTrader 4 trading terminal.

The strategy needs no advertising as it is well known even to novice traders.


Settings of the Expert Advisor

The Expert Advisor can easily be set, while allowing you to adjust any important parameters of the strategy. Available Features:

  • Unique MagicNumber for identification of trades;
  • Trade direction option (Trade direction): buy only, sell only, or both directions simultaneously;
  • Step for opening trades (Step) and profit size (TakeProfit) with automatic adaptation to 4 or 5-digit quotes;
  • The initial lot (Start lot) and the lot incrementation coefficient (Lot coefficient) for adaptation to specific deposit size;
  • And finally, limitation on the number of trades (Max trades in one direction) and Stop Loss of the last trade in a series (Max loss of last trade) for risk management.


Use as many Ilan Expert Advisors on a single account as may be necessary (even on the same trading instrument). Each of them will work with its own trades only, without interfering with the operation of other instances. If you choose to trade manually together with the Expert Advisor, it will not affect the trading strategy. Disable the Expert Advisor at any time or start it when there are open position - everything will work fine.


Operation Mode

A special mode CloseAndStopNow is implemented for closing all trades and stopping the operation of the Expert Advisor: once it is activated, the Expert Advisor will close all its trades and stop the operation until the user interferes. There is also a possibility to disable opening new series or any new positions as such: select the desired mode, and the Expert Advisor will wait to close the series with profit and then will stop its operation. 


Trade Results

You can check the performance of the Expert Advisor by testing it in the Strategy Tester.

 

Author

Ilan EA for MetaTrader 4 has been created by trader and developer Andrey Khatimlianskii (komposter).

Reviews 1
Alexandr Chalkin
314
Alexandr Chalkin 2015.09.15 13:07 
 

Очень понравился робот. Это Ilan нового поколения. Можно подстроить под самые разные валюты, под разные стратегии. Я доволен работой и поддержкой автора. +5

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This service is designed to stream online cryptocurrency quotes   from the Binance exchange to your MetaTrader 5 terminal. You will find it perfectly suitable if you want to see the quotes of cryptocurrencies in real time — in the Market watch window and on the MetaTrader 5 charts. After running the service, you will have fully featured and automatically updated  cryptocurrency charts in your MetaTrader 5. You can apply templates, color schemes, technical indicators and any non-trading tools to
CommunityPower MT5
Andrey Khatimlianskii
4.73 (88)
CommunityPower EA   — is the Expert Advisor for MetaTrader 4/5, created by community and for community. It is free, versatile and very powerful, and allows to trade a wide range of strategies. The idea is simple Your suggestions + my code = a win-win for everyone! Is it a ready-to-use money-making machine? No, it is definitely not. It is a tool, which allows you to create and run your own trading strategy, and it is up to you to find profitable settings and take the responsibility for your tr
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Market Screener
Andrey Khatimlianskii
5 (1)
Professional tool for professional traders It allows you to browse all available financial instruments and select best ones to trade with lightning speed. Fastest market screening ever Move your mouse over the instruments and instantly see 3 charts with selected timeframes and predefined indicators! Click on the symbol name to hold it. Use UP and DOWN keys to select previous /  next instrument. Ultimate charting Smooth scale, automatic indicator lines width, smart grid and much more. You'll
Binance Trade Manager
Andrey Khatimlianskii
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Binance Trade Manager — is an utility that allows you to transmit trade orders from your MetaTrader 5 to the Binance exchange. It will suite you if you want to use your favorite MetaTrader 5, getting all the benefits of trading cryptocurrencies directly on the exchange (low commission, high liquidity, absolute transparency, etc.) Binance Trade Manager can work in two modes: copying trades from a demo-account , which your MetaTrader 5 is connected to (cryptocurrencies must be available on this ac
Binance History Loader
Andrey Khatimlianskii
This script is designed to download a long history of cryptocurrency quotes from the Binance exchange. You will find it perfectly suitable if you want once to download the history of cryptocurrencies for charts analyzing, collecting statistics or testing trading robots in the MetaTrader 5 strategy tester, or if you need to update the history not very frequently (for example, once a day or once a week). After running the script, you will have fully featured (but not automatically updated) cryptoc
CommunityPower MT4
Andrey Khatimlianskii
4.88 (40)
CommunityPower EA — is the Expert Advisor for MetaTrader 4/5, created by community and for community. It is free, versatile and very powerful, and allows to trade a wide range of strategies. The idea is simple Your suggestions + my code = a win-win for everyone! Is it a ready-to-use money-making machine? No, it is definitely not. It is a tool, which allows you to create and run your own trading strategy, and it is up to you to find profitable settings and take the responsibility for your trad
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Grammy MT5
Andrey Khatimlianskii
Grammy  — is: Instant messages to your Telegram on any  trade events , Commands to  control all your terminals  from one Telegram chat, Price alerts  (crossing horizontal or trend lines), Daily, weekly and monthly  reports . You can't test this utility in the Strategy Tester. Please, contact me to get your free demo version. Why is Grammy better : Fully customizable  messages templates , Emoji  and "smart" substitution to the messages, Commands  to control all your terminals from Te
Ilan
Andrey Khatimlianskii
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Ilan for MetaTrader 5 Due to using the virtual trades, trading in both directions (buy and sell) simultaneously became possible. This allows users to adapt the popular strategy for the net accounting of positions applied by MetaTrader 5.  Expert Advisor Settings The Expert Advisor setup is simple. However, all the important settings of the strategy are available for adjusting. Available tools: Unique  MagicNumber  for identification of trades; Trade direction option ( Trade direction ): buy on
Screen Shoter
Andrey Khatimlianskii
Indicator for "screenshoting" the chart at a specified interval. The files are saved in the " MQL5\Files\ScreenShots\Symbol TF\ " directory and named as the date and time the screenshot was taken ( 2017.06.20 23.56.24.png ) Settings: Width and Height — width and height of the saved screenshots, IntervalSeconds — the saving interval in seconds. Attention ! If you set a large size for screenshots and a high frequency, you may run out of space on the hard drive. Do not delete the folder where the s
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Orders Indicator Base
Andrey Khatimlianskii
5 (1)
i-Orders   is a simple indicator to monitor your own trade/analyze others' trades. I use it for a long time and do not imagine a chart without these arrows, lines and trade result numbers. The features allow you to: disable display of opened and closed positions ( Show OPENED ,  Show CLOSED ,  Show PENDING ), change colors of arrows and lines for profitable and loss-making buy and sell positions separately ( Color for profitable/ losing   BUYs/SELLs ), change style and width of the lines connec
Orders Indicator
Andrey Khatimlianskii
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i-Orders is a simple indicator to monitor your own trade/analyze others' trades. I use it for a long time and do not imagine a chart without these arrows, lines and trade result numbers. The features allow you to: change the size and location of the control buttons ( Control buttons size , Control buttons corner ), disable display of opened and closed positions ( Show OPENED , Show CLOSED , Show PENDING ), change colors of arrows and lines for profitable and loss-making buy and sell positions se
Grammy MT4
Andrey Khatimlianskii
5 (1)
Grammy — is: Instant messages to your Telegram on any  trade events , Commands to  control all your terminals  from one Telegram chat, Price alerts  (crossing horizontal or trend lines), Daily, weekly and monthly  reports . You can't test this utility in the Strategy Tester. Please, contact me to get your free demo version. Why is Grammy better : Fully customizable  messages templates , Emoji  and "smart" substitution to the messages, Commands  to control all your terminals from Te
Orders Indicator MT5
Andrey Khatimlianskii
5 (1)
i-Orders is a simple indicator to monitor your own trade/analyze others' trades. I use it for a long time and do not imagine a chart without these arrows, lines and trade result numbers. The features allow you to: change the size and location of the control buttons ( Control buttons size , Control buttons corner ), disable display of opened and closed positions ( Show OPENED , Show CLOSED , Show PENDING ), change colors of arrows and lines for profitable and unprofitable buy and sell positions s
i-Orders   is a simple indicator to monitor your own trade/analyze others' trades. I use it for a long time and do not imagine a chart without these arrows, lines and trade result numbers. Features disable display of opened and closed positions ( Show OPENED ,  Show CLOSED ,  Show PENDING ), change colors of arrows and lines for profitable and loss-making buy and sell positions separately ( Color for profitable/ losing   BUYs/SELLs ), change style and width of the lines connecting deal open a
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Alexandr Chalkin
314
Alexandr Chalkin 2015.09.15 13:07 
 

Очень понравился робот. Это Ilan нового поколения. Можно подстроить под самые разные валюты, под разные стратегии. Я доволен работой и поддержкой автора. +5

Reply to review
Version 6.10 2021.02.05
2021.02.05 (6.10):
[+] Global StopLoss in account currency
Version 6.8 2019.09.12
TrailingStopMode parameter added.
Now you can choose which price ("From average open price" or "From last open price") will be used for "Start TrailingStop after" calculation.
Version 6.6 2015.04.14
Added trailing stop.
You can customize trailing stop size ("TrailingStop in points") and the total position profit (in points), after which trailing is activated ("Start TrailingStop after profit").
Version 6.5 2015.03.20
New parameter FirstTakeProfit for specifying individual take profit for the first deal in a series.

Ability to close the entire series of deals at an opposite signal of the indicator ("Close on opposite signal").

Ability to specify the lot of the first deal as a percent of balance ("Risk for start lot").
Version 6.1 2015.01.07
Added ability to open the first trade of the series without a signal. Simply set "Start signal" parameter to "No signal".

Enjoy!
Version 6.0 2014.10.29
Added the possibility to trade using TraderDream Evolution indicator's signals! The good news is you do not have to buy the indicator, it is built in the EA.

Just choose the "TraderDream signal" in the settings, set the Period and Type of MA used in the indicator, and EA will work using new algorithm.
Version 5.70 2014.10.21
Added selection of a signal to open the first trade in the series ("Start signal" variable):
* "Simple signal" - original signal (like in the previous version)
* "MA cross signal" - crossing of 2 MAs signal (period and type are set by "MA Period" and "MA Type" variables)

Tip: In order to "reverse" the MA signal, interchange fast and slow MA periods. ;)
Version 5.65 2014.07.30
1. Added the possibility to limit the time of opening the first deal. To activate the limited working time, set "Use custom work time = true" and configure appropriate trading intervals.

Several intervals can be set for each day of week. Thus, you can configure a flexible schedule for the entire week.

For example, if you set "00:00-11:59" interval for Monday, the Expert Advisor will open positions up to 12:00 (the interval's last minute is included).
If you set "13:58-14:05,15:28-15:35" intervals for Friday, the Expert Advisor will trade during 2 intervals having 8 minutes each.

The intervals should be specified in HH:MM-HH:MM format. 0 should be specified in hours and minutes less than 10. Wrong specification example: "0:00-1:20", correct one: "00:00-01:20". A comma (,) is used between the intervals as a separator. The number of specified intervals is not limited.


You can also select what time should be analyzed (does not work in the tester):
- Time Trade Server: trade server time (that you see in the terminal),
- Time Local: your PC's local time,
- or Time GMT (if your computer is configured correctly).


2. Added the possibility to prohibit opening deals during high spreads (MaxSpread parameter).

Good luck in trading!